Mobile Banking Discussed in New Comprehensive Report Recently Published by MarketPublishers.com

14 Nov 2011 • by Natalie Aster

LONDON – Banks matched the development of mobile phone technology and carrier networks by allowing customers to conduct remote transactions on their mobile phone such as fund transfer and bill payments. Despite their relative silence in the mobile payments dialogue, Western banks are using mobile banking applications to influence consumer behavior and methodically secure their position as the consumers' preferred processor of mobile payment transactions.

New market research study “Mobile Banking: State of the Market and Future Opportunities” provided byMind Commerceoffers a comprehensiveevaluation of the developments in mobile banking, an in-depth analysis of motivations and market drivers, and examination of bank's multichannel strategies. The most popular US mobile banking applications are also reviewed here. The study includes forecasts of the future of mobile banking and the realization of mobile payments' potential.